MicroStrategy founder Michael Saylor believes that the market should not underestimate the importance of the upcoming approval of spot #Bitcoin ETF s - this could be the biggest event on Wall Street in the last 30 years.
This new investment vehicle will trigger a demand shock for BTC and fuel a bull market in 2024.
The $BTC Spot ETF may be the biggest development on Wall Street in the last 30 years. My discussion of #Bitcoin in 2024, Spot ETFs vs. $MSTR, and the emergence of bitcoin as a treasury reserve asset with @KaileyLeinz on Bloomberg @Crypto. pic.twitter.com/QtPdBOhMDr — Michael Saylor⚡️ (@saylor) December 19, 2023
Previously, #Saylor made a dual prediction for #BTC: either it will drop to zero or soar to $1 million and become a major "institutional" asset.